r/Amd_Intel_Nvidia • u/TruthPhoenixV • 2d ago
China strikes back at Trump with 34 percent tariff — bans some rare earth exports to the U.S.
https://www.tomshardware.com/tech-industry/china-strikes-back-on-trump-tariffs-bans-rare-earth-exports-to-the-u-s13
u/CarsonWentzGOAT1 2d ago
The rare earth export ban is going to sting a lot more than any tariffs China puts.
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u/Kange109 2d ago
It will just route thru Vietnam or India or some other country. Just pay abit more for the middleman's gravy.
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u/plant0316 2d ago
I’m more scared about what the trump administration will do to our environment and national parks. I have read an article that the US actually has a lot of reserve of rare metals, but we have not been excavating them because it is either protected or the fact that the labor is cheaper abroad.
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u/Lakku-82 2d ago
This is true in a lot of places. Afghanistan has a ton of rare earth but nobody is there to extract it, kind of like how Middle East couldn’t extract oil before others showed up and did it for them.
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u/ConsistentAd5170 2d ago
At the current rate trump is on track of being the most environmentally friendly president ever no cap, moving the world into recession, twice!
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u/SurpriseAgreeable241 2d ago
The USA can be completely self sufficient if it wants, we have everything we import here it's just easier to import.
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u/Lord_Muddbutter 2d ago
We went through this sort of talk 80-100 years ago and it gave us the great depression.
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u/LAHurricane 1d ago
It's not wrong. The US is like the only country on earth that could be 100% self-sufficient and successful in doing so. It's just exponentially cheaper to exploit 3rd world countries than nationalize all industries.
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u/IusedtoloveStarWars 2d ago
China was always going to ban rare earth exports to the US. It’s why they wanted to corner the market in the first place. This just sped up the timeline and forced Chinas hand.
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u/juGGaKNot4 1d ago
Trump playing 5d chess as he always does
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u/Next_Poem7318 1d ago
How is this 5d chess?
“Haha you were going to fire me in 10 years and pay me that whole time so I, a genius, am shitting on your desk so you fire me now!”
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u/juGGaKNot4 1d ago
That's how your post reads. China was trying to get there all strategic like when they had full control and then trump is like tariffs, bitch.
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u/Cipher-IX 2d ago
Data that I've found shows China being up to 70% of our rare earth imports. If they were to cut them off in full you could kiss any semblance of American made chips goodbye. It would fundamentally cripple domestic chip production.
Mango Unchained needs to be stopped.